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Copper: Codelco reaches early agreement with union at Radomiro Tomic mine
Chilean state-owned mining group Codelco said Monday it has reached an early collective agreement with the supervisors' union at its Radomiro Tomic mine, which accounts for more than a fifth of its copper production. The company said in a statement that the agreement,...
Precious metals: prices lose momentum after the Fed announced its intention to keep interest rates high
In recent weeks, before the end of the month, indices such as the S&P500 and metals such as silver and gold started to lose momentum. The impetus for falling stock and precious metal prices came from the Fed's recent comments on raising interest rates in the near...
Copper: Mitsubishi Materials sees second-half production up 34% y/y
Japan's Mitsubishi Materials Corp expects to produce 217,002 tons of refined copper in the second half of the 2023/24 fiscal year, Mitsubishi Materials Corp said Monday, up 34 percent from the same period last year. The second half of the country falls between October...
Steel and aluminum: EU and US to meet to discuss duties
European Commission President Ursula von der Leyen and European Council President Charles Michel will visit U.S. President Joe Biden on October 20. According to information obtained, the parties will meet to conclude the dispute over taxes to be imposed on steel and...